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RCR Tomlinson class actions will fight to stay alive
Class Actions 2019-04-12 11:12 pm By Miklos Bolza

Two class actions against collapsed engineering firm RCR Tomlinson may be dismissed earlier than expected unless the Supreme Court allows them proceed against a liquidator who has said the failed company is strapped of funds.

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Founder of NewLaw firm guilty of professional misconduct for ‘cavalier approach’
Legal Ethics 2019-04-09 9:24 pm By Miklos Bolza

NewLaw pioneer and founder of Bespoke Law, Jeremy Szwider, has been found guilty of professional misconduct and unsatisfactory professional conduct after taking on a case he was “uniquely unprepared” to handle.

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Charges still not finalised in groundbreaking ANZ criminal cartel case
Competition & Consumer Protection 2019-04-09 11:05 am By Miklos Bolza

Charges in the criminal cartel case against ANZ, Citigroup and Deutsche Bank over a $2.5 billion ANZ institutional share placement have yet to be finalised, almost a year after the proceeding was filed.

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Liquidators settle case over collapse of funder Centaur Litigation
Restructuring & Insolvency 2019-04-08 11:30 pm By Christine Caulfield

Liquidators of failed Centaur Litigation have reached a settlement in their lawsuit against the accountant of fraudster Scott Williams, who was accused of lying to hide his knowledge of a Ponzi scheme that misappropriated $32 million and led to the collapse of the funder.

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Optus hit with $25k criminal fine over lax political donation disclosures
Telecommunications 2019-04-08 11:14 pm By Cat Fredenburgh

Telecom giant Optus has been hit with a $25,000 criminal fine after pleading guilty to four charges of failing to disclose political donations in its development applications.

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Novel challenge to IP Australia’s building patent grant dropped
Intellectual Property 2019-04-08 8:40 pm By Miklos Bolza

A case simultaneously challenging IP Australia’s decisions to accept, grant and certify an innovation patent owned by one of Australia’s biggest building product companies has been withdrawn, a court has heard.

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Judge calls for joint expert report in ASIC’s insurance churn case against AMP
Financial Services 2019-04-08 7:57 pm By Miklos Bolza

An argument over the admissibility of an expert report produced by the Australian Securities and Investments Commission in its insurance churn case against AMP was sidestepped Monday, with a judge proposing experts from both sides instead file a joint report in the case.

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Addisons partner can inspect documents in Bega, Fonterra trade mark dispute
Intellectual Property 2019-04-05 9:31 pm By Miklos Bolza

Bega Cheese has presuaded a court to allow a partner from Addisons Lawyers to access select confidential documents, expanding the confidentiality regime at the heart of its dispute with Fonterra Brands over an allegedly violated trade mark licence agreement.

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Funder to get 30% cut of confidential KPMG class action settlement
Class Actions 2019-04-05 1:19 pm By Miklos Bolza

Litigation funder Litigation Capital Management will snap up 30 percent of a confidential settlement amount that KPMG has fought to keep under wraps in a shareholder class action over a failed $830 million hostile takeover bid of mining firm Discovery Metals.

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GetSwift class action to get in line behind ASIC case
Class Actions 2019-04-04 8:27 pm By Miklos Bolza

A judge has agreed to postpone a trial against logistics provider GetSwift until next year when a class action and a lawsuit by the Australian Securities and Investments Commission related to the company’s disclosures will be heard consecutively rather than concurrently.

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